Tanzania's President Samia Sulhulu has asked the country's Central Bank to start exploring the crypto sector. "We have witnessed the emergence of new journeys through the internet…My call to the central bank, is to start working on that development," she said.
after el salvador legalized bitcoin, now other countries are starting to consider legalizing bitcoin, Let's wait and see who else will follow El Salvador's steps..
looks like the president of tanzania has a long term plan why he wants the country to be able to manage crypto in his country. for a small country maybe if crypto management goes well it might have a positive effect. Let's wait and see how Tanzania decides on crypto issues, especially bitcoin
It makes sense to follow Bitcoin adoption as El Salvador did and other countries in Africa. We know how the central banks are messing up already so the current system isn't making out lives good but only the few who are considered big men in the country who got wealthy in that system. It's better to try something else than just continue using the old one. El Salvador already is making a big part of this big evolution. Tanzania shall also take a big step.